Invesco QQQ $QQQ Shares Acquired by Catalina Capital Group LLC

Catalina Capital Group LLC increased its holdings in Invesco QQQ (NASDAQ:QQQ) by 2.5% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 2,412 shares of the exchange traded fund’s stock after buying an additional 58 shares during the period. Invesco QQQ comprises approximately 0.9% of Catalina Capital Group LLC’s holdings, making the stock its 23rd biggest position. Catalina Capital Group LLC’s holdings in Invesco QQQ were worth $1,331,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of QQQ. Marshall & Sullivan Inc. WA acquired a new position in shares of Invesco QQQ in the 2nd quarter valued at about $41,000. Alpine Bank Wealth Management bought a new stake in Invesco QQQ in the 1st quarter valued at about $50,000. Westend Capital Management LLC bought a new stake in Invesco QQQ in the 1st quarter valued at about $51,000. Blume Capital Management Inc. lifted its position in Invesco QQQ by 105.0% in the 1st quarter. Blume Capital Management Inc. now owns 121 shares of the exchange traded fund’s stock valued at $57,000 after purchasing an additional 2,536 shares during the last quarter. Finally, Atlantic Private Wealth LLC lifted its position in Invesco QQQ by 3,000.0% in the 1st quarter. Atlantic Private Wealth LLC now owns 124 shares of the exchange traded fund’s stock valued at $58,000 after purchasing an additional 120 shares during the last quarter. 44.58% of the stock is owned by institutional investors and hedge funds.

Invesco QQQ Trading Up 0.4%

Shares of NASDAQ:QQQ opened at $605.73 on Friday. The company’s 50-day moving average price is $579.12 and its 200 day moving average price is $530.93. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $607.16.

Invesco QQQ Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Monday, September 22nd will be given a dividend of $0.694 per share. This is a positive change from Invesco QQQ’s previous quarterly dividend of $0.59. The ex-dividend date is Monday, September 22nd. This represents a $2.78 dividend on an annualized basis and a dividend yield of 0.5%.

Invesco QQQ Profile

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust’s investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.